California Resources Insider Sold Over $3.05 Million In Company Stock

Steven Tananbaum, 10% Owner at California Resources (NYSE:CRC), made a large insider sell on September 8, according to a new SEC filing. What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Wednesday showed that Tananbaum sold 80,353 shares of California Resources at a price of $25.14 per share. The total transaction amounted to $3,054,628. Following the transaction, Tananbaum still owns 11,510,195 shares of the company, worth $448,552,299. California Resources shar


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